Fidelity Names David Canter to Head RIA Channel
Fidelity’s practice management executive will replace departed Bob Oros; Matt Chisholm to assume Canter's duties in consulting and practice management.
Why Trump Advisor Scaramucci ‘Hates’ DOL Fiduciary Rule
At Pershing advisor meeting, an argument for keeping noncorrelated assets in clients’ retirement portfolios, and a warning on disinflation.
TD Ameritrade Cuts Trade Commissions to $6.95 in Latest Price War Salvo
One day after Fidelity cuts were matched by Schwab, TD trimmed online equity, ETF and options trading costs.
Since one of my main jobs is to deliver to you the news and analysis you need, I read plenty of surveys about advisors.
Advisor M&A Growth Is ‘Subplot of a Bigger Story,’ Says Schwab’s Beatty
Record number of 2016 transactions reflects growth of RIA industry and confluence of buyers’ and sellers’ shared search for "durable" businesses.
Fidelity Posts 20% Profit Increase on Modest Revenue Growth in 2016
"Careful cost management" provided $3.5 billion in operating income for the year on a 3.4% rise in revenue to $15.9 billion.
Luis Aguilar, Ron Carson Join Institute for the Fiduciary Standard Advisory Board
Dan Solin and Woodrow Leake were also named to the board featuring John Bogle and Tamar Frankel.
Acquired RIAs Have Become Acquirers: Dave DeVoe
M&A expert says it was a "breakout year" for sub-acquisitions amid record dealmaking among RIAs.
Schwab Cuts Online Trading Costs, Index Mutual Fund Expenses
Equity and ETF commissions cut as CEO Bettinger says “disruptive” actions include a “broadened” money-back guarantee.
Lori Hardwick, ‘Entrepreneur at Heart,’ Ponders Post-Pershing Options
As she leaves her COO role at Pershing, Hardwick says she's intrigued by international possibilities.